I mean done deal in that the leases are in place and have been for 35 years, the financing is in place, it's cleared the Alaska legislature, and agreements to build it with TransCanada are in place. I don't see where Obama comes into play other that some federal regulatory stuff that would be routine at this point?
Environmential impact study for the gas plant, pipeline and compressor stations. Right of way for the new pipeline are some quick examples.
The agreements are just a license to construct an Alaska natural gas pipeline project pursuant to the Alaska Gas Inducement Act. It is not an approval of location, engineering, size or any other design requirements.
“I don’t see where Obama comes into play other that some federal regulatory stuff that would be routine at this point? “
You are very naiive.
The devil is in the details - EXACTLY the obscure “federal regulatory stuff” that is supposedly “routine”.
Do you really think the democrats are going to let something like this go through without opposition? Do you really think they are going to let Ms. Palin put that feather in her hat without a fight?
- John